Has the Mermaid hit the sea bed yet, page-2

Still got further to drop. I think sub $1.50 will be hit next week. Be interested in the trading update on the Q1 (assuming they give one) for the AGM next week. In the absence of any decent news we will be back at GFC levels in the short term. Soft earnings may cause them some heartburn with debt covenants.
The SI's who bought in at $2.40 earlier in the year will be spewing if they are still on the register. It has been a miserable 12 months for MRM.